PARIS - February 14, 2008 - H.I.G. Europe, the European affiliate of H.I.G. Capital, today announced the appointment of Olivier Boyadjian as Managing Director for its Paris office. Mr. Boyadjian joins H.I.G. after leading a number of successful private equity investments in France in a wide range of industries. Prior to joining H.I.G., Mr. Boyadjian was the Head of the investment team at CDC Capital Investissement which currently manages a €700 million fund.

H.I.G. Europe closed on a €600 million dedicated European fund in 2007 and currently has offices in London, Hamburg and Paris. With more than 35 investment professionals based in Europe, H.I.G. Europe focuses on small and midsize companies with a value up to €200 million. It has a broad investment mandate, ranging from growth / development capital, to buyouts, and distressed / turnaround special situations.

Commenting on Mr. Boyadjian's appointment, Sami Mnaymneh, co-founder and Managing Partner of H.I.G., noted: "Olivier is an experienced and highly regarded professional with an in-depth understanding of private equity in France. We are excited to have him head our team in France and expand our presence and efforts in Europe." Mr. Boyadjian added: "I look forward to leading H.I.G.'s activities in France. I believe that with H.I.G.'s flexibility and ability to quickly commit to transactions, there will be a significant amount of activity for us in the French market."

H.I.G.'s investment team in France currently consists of eight professionals, and most recently completed the acquisition of Diam, SA, a €120 million revenue high end cosmetic display manufacturer, in 2007.

About H.I.G. Capital
H.I.G. Capital, L.L.C. ("H.I.G.") is a leading global private equity investment firm with more than $4.5 billion of equity capital under management. Based in Miami, and with offices in Atlanta, Boston and San Francisco in the U.S., as well as affiliate offices in London, Hamburg and Paris in Europe, H.I.G. specializes in providing capital to small and medium-sized companies with attractive growth potential. H.I.G. invests in management-led buyouts and recapitalizations of profitable and well-managed manufacturing or service businesses. H.I.G. also has extensive experience with financial restructurings and operational turnarounds. Since its founding, H.I.G. has completed more than 75 transactions. The firm is currently a significant investor in over fifty companies in the U.S. and Europe in a diverse range of industries, with combined annual revenues in excess of $7 billion. For more information, please refer to the H.I.G. website at www.higcapital.com.